Daily Point 2253 - M3

 

The Banking Tutor 

Daily Point 2253 

M3 

M3 is the broadest measure of the money supply, incorporating M2, large time deposits, and less liquid assets. M3 is distinct in that it emphasizes money as a store of value with its focus on less-liquid assets, unlike M0, M1, and M2, which include more liquid financial products. 

Sekhar Pariti

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